Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 13,655, 4,438 total housing units (homes and apartments), and a median house value of $119,473, house prices in Middleburg are solidly below the national average.
Single-family detached homes are the single most common housing type in Middleburg, accounting for 54.38% of the town's housing units. Other types of housing that are prevalent in Middleburg include mobile homes or trailers ( 42.94%), large apartment complexes or high rise apartments ( 1.12%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Middleburg. Owner-occupied housing accounts for 77.04% of Middleburg's homes, and 81.26% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Middleburg built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Middleburg built between 2000 and later ( 20.95%). A lesser amount of the housing stock also hails from between 1940-1969 ( 5.93%).
Homes have actually lost value in Middleburg over the last then years, as home values have seen a decline of 25.14% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Middleburg home appreciation rates at 1.71%, which equates to an annual appreciation rate of 7.03%.
NeighborhoodScout's data show that during the latest twelve months, Middleburg's appreciation rate, at 5.01%, has been at or slightly above the national average. In the latest quarter, Middleburg's appreciation rate has been 1.71%, which annualizes to a rate of 7.03%.
Importantly, this makes Middleburg one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.
Relative to Florida, our data show that Middleburg's latest annual appreciation rate is lower than 70% of the other cities and towns in Florida.
One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Middleburg differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Middleburg - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Middleburg real estate investment or home purchase decisions.
|$883,001 - $1,177,000||0.5|
|$589,001 - $883,000||0.0|
|$471,001 - $589,000||2.1|
|$353,001 - $471,000||2.5|
|$235,001 - $353,000||7.9|
|$118,001 - $235,000||38.7|
|$59,001 - $118,000||34.9|
|$0 - $59,000||13.4|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF Middleburg HOMES|
|2000 or Newer||21.0|
|1970 - 1999||72.7|
|1940 - 1969||5.9|
|1939 or Older||0.4|
|TYPE OF Middleburg HOMES|
|Small Apt. Buildings||0.7|
|SIZE OF Middleburg HOMES|
|5 or more bedrooms||1.44|